Godrej Industries Limited GIL, the flagship company of the Godrej Group, has shifted its entire information technology staff to Hewlett Packard HP, India. The move is a part of the outsourcing deal that GIL has signed with HP, for its in-house IT operations. The IT workforce of GIL have been transferred to HP, and operations have been outsourced to the company. We have not laid anyone off, said Adi Godrej, chairman of GIL. He declined to give the size of the deal.
Industry sources pointed out that the company would make a significant saving with this deal. Earlier this year, the Future Group had inked a similar deal worth about USD 150 million Rs 741.1 crore with Wipro under which more than 250 employees of Pantaloon Retail were moved to the IT company.
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